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How To Change Your Money Mindset To Stay Broke And Become Rich

Me Srinivas V, I am the freelancer and blogging is my passion

Table of Contents

1) Realize that money isn’t finite

2) Start tracking your spending

3) Build up an emergency fund

4) Diversify your investments

5) Learn to say no

6) Conclusion

How To Change Your Money Mindset To Stay Broke And Become Rich

Financial stress often creeps up on us without much warning. Bills that seem to pile up every month and a sudden job loss can all leave you feeling vulnerable. The good news is that there are ways to tackle this stress and stay grounded through it all. Financial security is a journey, not a destination. And the sooner you realize that, the sooner you can start taking practical steps towards achieving your goals. The first step towards breaking free from the rat race? Change your mindset about money. Stress is triggered when we see money as something finite rather than limitless. A limited mindset makes it easy to feel anxious about finances, which in turn leads to stress. If you want to handle your money more confidently in the long term, changing your mindset is one of the most important things you can do right now - even if it feels scary at first. Here’s how:

Realize that money isn’t finite

When you’re in the rat race, it can be easy to see money as a finite resource that you need to hoard as if it were a weapon against the world. But money is not a finite resource. It is only a thing that we humans have created to help us measure our time and space. And like anything that we’ve created, it has the potential to be recreated. This means that there is no inherent limit on how much money can exist. You may feel anxious about money’s finite nature, but the truth is that it’s up to you to decide how much you let it affect you.

Start tracking your spending.

When you’re anxious about money, it can be tempting to hoard it. But if you want to truly build up a strong financial foundation for your future, you need to start tracking your spending. This is the only way to really get in control of your finances. Track every cent that leaves your hands. If you’re serious about adding up how much you spend regularly and taking steps to cut back where you can, you’ll start to see your finances improve. It might feel like a chore at first, but once you get into the habit of it, you’ll find that tracking your spending becomes another natural part of each day in your life

Build up an emergency fund.

In a moment of financial stress, it can be hard to think about anything but the immediate future that feels so uncertain. But truly, that’s the past. In order to build a truly solid financial foundation, though, you need to make sure that you have a good emergency fund in place. You never know when a financial emergency might come up. It could be the sudden job loss, a major medical bill, or even a car repair that costs thousands of dollars. When times are tough, it’s natural to look to other parts of your budget to make ends meet. But truly, the first thing you should do when you feel nervous about money is to focus on what you need to do to stay afloat.

Diversify your investments.

Once you have a good handle on your regular income, it’s time to add some extra security to your finances with investments. Diversification is the key to avoiding too much risk overall. You don’t want to put all your money into one investment only to lose it if it goes bad at some point. Instead, you should diversify your investments by spreading them out across different categories. This helps to lower the overall risk of your overall portfolio, while still keeping you in a position to earn a decent return on your investment portfolio.

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Learn to say no.

Finally, remember that you don’t have to do everything that you feel a need to do. Even if it’s something that you’ve been putting off for a long time. In a bind, you may find yourself needing to take on extra work. This might be a side job on top of your regular job, a project you’ve been meaning to finish for a while, or even that new business idea you’ve always wanted to pursue. When you’re in a tough spot, it can be tempting to just bite off another bite of the hard work pie. But truly, the best thing to do when you feel anxious about money is to take a step back, take a breath, and think whether you really need to take on that project right now.


It’s a cliché, but it’s true: Money isn’t going to appear on your doorstep. You have to make it yourself. So, if you want to truly enjoy financial security, you need to get serious about changing your mindset. Begin tracking your spending. Add an emergency fund. Diversify your investments. Learn to say no. Don’t let the fear of money get in your way. These are just a few of the many practical steps that you can take to enjoy a more confident relationship with money in the long term. And with a little practice, you’ll find that changing your mindset about money isn’t nearly as scary as you may think.

For Best Financial Plannings

This content reflects the personal opinions of the author. It is accurate and true to the best of the author’s knowledge and should not be substituted for impartial fact or advice in legal, political, or personal matters.


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